Today is 1 July 2020. Joan has a portfolio which consists of two different types of financial instruments (henceforth referred to as instrument A and instrument B). Joan purchased all instruments on 1 July 2014 to create this portfolio and this portfolio is composed of 28 units of instrument A and 34 units of instrument B.
a. 4.88
b. 6.74
c. 4.94
d. 6.23
part a instrument A market price =65.7064
part b instrument B market price +97.7295
part c duration for B = 2.414
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